The Technical Directorate will conduct the technical and legal evaluation of the projects and is responsible for recommending to the Council the exemptions specific to each request it evaluates.A Classification, whether Provisional or Definitive, is nothing more than the approval by the Tourism Development Council (CONFOTUR) of a given tourism project, as capable of benefiting from the benefits and incentives of the Law.Likewise, with the approval of resolution 49-2014, a step is taken for tourism projects that may be included under Law 158-01 and its modifications, to offer health services, and that can generate important tourist flows, under medical tourism marketing channels, not common to vacation tourism.In short, all exemptions granted by CONFOTUR are established in Law 158-01 and its modifications.

Most of the nicer neighborhoods are expensive enough that you probably can't factor in management these days as an out of state investor for a few years until the cash flow increases over time. 

I am interested in a Template for Excel where I can list all of my properties, the debt on them and cash flow..

I will take all this into consideration. 

I'm buying another one in a few months for $5k and taking over their note while turning the first one into a rental with good cash flow. 

Pulling equity out of a property subject to an existing mortgage involves several steps and considerations.

An exit strategy helps you navigate these changes effectively.Cash Flow Management: Real estate investments can tie up significant amounts of capital.

I'm fully open to all deals throughout the US, so I'm happy to put TX into consideration.

However, if you're fine (it seems like you are) making the payment and cash flowing, keep it where it is, and YES! 

Massive cash flow relative to traditional rentals.